Mattel (NASDAQ:MAT) Issues FY 2026 Earnings Guidance

by · The Cerbat Gem

Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.050-1.200 for the period, compared to the consensus earnings per share estimate of 1.300. The company issued revenue guidance of $5.4 billion-$5.6 billion, compared to the consensus revenue estimate of $5.7 billion.

Mattel Stock Performance

MAT opened at $15.35 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.90 and a quick ratio of 1.26. The business has a fifty day simple moving average of $15.02 and a 200 day simple moving average of $15.38. Mattel has a 1 year low of $12.40 and a 1 year high of $22.48. The company has a market capitalization of $4.39 billion, a PE ratio of 8.98, a price-to-earnings-growth ratio of 1.63 and a beta of 0.59.

Mattel (NASDAQ:MAT – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.36. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. Mattel had a return on equity of 20.56% and a net margin of 9.04%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 earnings per share. Research analysts expect that Mattel will post 1.29 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MAT shares. Roth Capital cut their target price on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Argus reissued a “buy” rating and set a $22.00 price target on shares of Mattel in a report on Tuesday, August 25th. Bank of America restated a “buy” rating and issued a $21.00 price target on shares of Mattel in a research note on Friday. UBS Group reiterated a “buy” rating on shares of Mattel in a research report on Thursday, October 1st. Finally, Citigroup decreased their target price on shares of Mattel from $17.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $18.09.

Check Out Our Latest Report on MAT

Insider Activity

In other Mattel news, EVP Roberto Isaias sold 39,083 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the transaction, the executive vice president owned 144,390 shares in the company, valued at approximately $2,168,737.80. This represents a 21.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.90% of the company’s stock.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

  • Positive Sentiment: Third-quarter EPS was $1.30, above the $0.94 consensus and up from $0.89 a year earlier. Sales rose 4.1% year over year, with growth in Vehicles and Games and higher gross margins. Zacks earnings coverage
  • Positive Sentiment: Hot Wheels billings are nearing $2 billion, and Mattel is launching low-priced, small-scale Hot Wheels model kits. These initiatives may support the brand, though their financial impact is not yet clear. The Motley Fool article
  • Neutral Sentiment: Mattel named Steve Totzke president and COO, while Roberto Stanichi is leaving to pursue another opportunity. The leadership change could affect execution, but its business impact remains uncertain. Mattel leadership announcement
  • Negative Sentiment: Third-quarter revenue of $1.81 billion missed the $1.84 billion estimate. Mattel lowered its 2026 EPS guidance to $1.05–$1.20, below the $1.30 consensus, and revenue guidance to $5.4–$5.6 billion versus $5.7 billion expected. It also reduced its full-year sales-growth outlook to 1%–4%, raising concerns about demand heading into the holiday season. Reuters report on Mattel’s forecast
  • Negative Sentiment: Tariff refunds contributed to stronger margins, so the earnings beat may overstate the strength of ongoing operations. The lowered outlook and sales miss are the clearest near-term headwinds for MAT. Barron’s analysis

Mattel Company Profile

(Get Free Report)

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.

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